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HomeEarnings

Earnings

Offshore Wind
Earnings

Vestas shares fall after posting earnings loss, revenue decline

May 5, 2024 Stu Turley

Vestas (VWDRY) shares fell Thursday after the company reported a first-quarter adjusted EBIT loss and lower revenue year-on-year. Vestas’s first quarter adjusted EBIT came in at -EUR68 million. Analysts had forecasted an adjusted EBIT profit […]

Cheniere
Earnings

Cheniere: Q1 revenue down to $4.3 billion, Corpus Christi expansion 56 percent complete

May 5, 2024 Mariel Alumit

US LNG exporting giant Cheniere reported a 42 percent drop in its quarterly revenue due to lower prices, while its net profit decreased 91 percent. The company’s Corpus Christi Stage 3 project is 55.9 percent […]

Gazprom Group
Earnings

Gazprom Group Reports First Net Loss in 24 Years

May 4, 2024 Stu Turley

Russia’s state-controlled gas giant reported its first annual net loss since 1999 on falling shipments to Europe and lower prices for the fuel. Gazprom Group, which also includes oil and power businesses, posted a 629 […]

Ford
Earnings

Ford Loses $1.3 Billion on Electric Vehicles in First Quarter of 2024, Delays Plans to Make More

May 3, 2024 Mariel Alumit

Ford Motor Company reported a whopping $132,000 loss on each electric vehicle (EV) sold during the first three months of 2024, amassing a $1.3 billion loss. The auto manufacturer’s electric vehicle unit revealed Thursday that […]

SilverBow Resources
Earnings

SilverBow Resources Announces First Quarter 2024 Financial and Operating Results

May 2, 2024 Mariel Alumit

Results top consensus expectations driven by higher production and lower capital expenditures generating record quarterly EBITDA and strong quarterly free cash flow Total debt reduced by $178 million since closing its South Texas acquisition in […]

APA Corporation
Earnings

APA Corporation Announces First-Quarter 2024 Financial and Operational Results

May 2, 2024 Mariel Alumit

HOUSTON, May 1, 2024 – APA Corporation (Nasdaq: APA) today announced its financial and operational results for the first quarter of 2024. APA reported net income attributable to common stock of $132 million, or $0.44 […]

Shell Plc
Big Oil Companies

Shell Plc 1st Quarter 2024 Unaudited Results

May 2, 2024 Mariel Alumit

SHELL PLC 1st QUARTER 2024 UNAUDITED RESULTS   SUMMARY OF UNAUDITED RESULTS Quarters $ million Q1 2024 Q4 2023 Q1 2023 % Reference 7,358 474 8,709 +1,453 Income/(loss) attributable to Shell plc shareholders 7,734 7,306 […]

Murphy Oil Corporation
Earnings

Murphy Oil Corporation Announces First Quarter 2024 Financial and Operational Results, Reaffirms 2024 Production and Capital Expenditure Guidance Ranges

May 2, 2024 Mariel Alumit

Produced 170 MBOEPD with 89 MBOPD, Repurchased $50 Million of Shares HOUSTON, May 02 /BusinessWire/ — Murphy Oil Corporation (NYSE:MUR) today announced its financial and operating results for the first quarter ended March 31, 2024, […]

ConocoPhillips
Earnings

ConocoPhillips announces first-quarter 2024 results, quarterly dividend and VROC

May 2, 2024 Mariel Alumit

Reported first-quarter 2024 earnings per share of $2.15 and adjusted earnings per share of $2.03. Generated cash provided by operating activities of $5.0 billion and cash from operations (CFO) of $5.1 billion. Declared ordinary dividend […]

Shell
Big Oil Companies

Shell’s first quarter profits beat expectations at $7.7bn

May 2, 2024 Mariel Alumit

Shell, Europe’s largest oil and gas company, reported a first-quarter profit of $7.7 billion (£6.1bn), exceeding analysts’ expectations by more than $1 billion (£800m). However, this figure represents a decrease from the $9.7 billion (£7.7bn) […]

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